summary
Introduced
02/17/2020
02/17/2020
In Committee
05/12/2020
05/12/2020
Crossed Over
03/05/2020
03/05/2020
Passed
Dead
06/19/2020
06/19/2020
Introduced Session
2020 Regular Session
Bill Summary
An Act To Create In The State Treasury A Special Trust Fund Designated As The "mississippi Veterans Home Perpetual Care Fund" To Be Used Upon Requisition To The State Treasurer By The Executive Director Of The Mississippi Veterans Affairs Board For The Administration And Maintenance Of Mississippi Veterans Nursing Homes; To Provide For Expenditures From The Fund; And For Related Purposes.
AI Summary
This bill creates the "Mississippi Veterans Home Perpetual Care Fund" in the state treasury to be used for the administration, renovation, maintenance, and operation of Mississippi veterans nursing homes. The principal of the fund shall remain intact, with only the interest or investment earnings being used for these purposes upon requisition by the Executive Director of the Mississippi Veterans Affairs Board. The principal can only be used in the event of an emergency and/or special need as recognized by the Governor and affirmed by the Mississippi Veterans Affairs Board. The fund will initially consist of $6 million transferred from existing funds under the Mississippi Veterans Affairs Board.
Committee Categories
Military Affairs and Security
Sponsors (3)
Last Action
Died On Calendar (on 06/19/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
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